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Americas Scholarship Konnection Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 811220819 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Americas Scholarship Konnection Inc?

Americas Scholarship Konnection Inc is a nonprofit organization that aims to raise funds for providing tuition scholarships to students, enabling them to attend private schools. By donating, individuals can contribute to this cause and help deserving students access quality education at private institutions. The organization's mission is centered around utilizing these funds for scholarships, thereby expanding educational opportunities beyond the reach of conventional public schools.


Official website here: www.askscholarships.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

Americas Scholarship Konnection Inc demonstrates a mix of strengths and weaknesses in its evaluation. While it reports a high level of independent board member involvement and has no issues with material asset diversion, it lacks critical policies such as a whistleblower policy and document retention strategy. These deficiencies reflect a need for improved governance practices.

The organization has a moderate program expense ratio of 54.43%, indicating that just over half of its expenditures are directed towards its charitable programs. However, its low score in this area suggests there is room for improvement in ensuring that more funds are allocated to programmatic efforts.

Overall, while the charity's governance structure appears solid in some respects, the absence of essential policies and lower performance in program expenses underline the importance of establishing better operational practices to enhance its effectiveness and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Americas Scholarship Konnection Inc legitimate?

Americas Scholarship Konnection Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Americas Scholarship Konnection Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $44,926
Other Salaries and Wages: $72,031

For more financial information, click here


Official website here: www.askscholarships.org

What is the mission statement of Americas Scholarship Konnection Inc?

Americas Scholarship Konnection Inc's mission revolves around soliciting donations to provide tuition scholarships for students. This enables deserving students to attend private schools, thereby broadening their educational opportunities. The organization's primary activity is centered around these tuition scholarships, aiming to make quality education accessible to a wider population. By gathering donations, Americas Scholarship Konnection Inc plays a significant role in fostering educational equity.


Official website here: www.askscholarships.org

Who is the CEO of Americas Scholarship Konnection Inc?

Ralph Luksza is the President of Americas Scholarship Konnection Inc.


Official website here: www.askscholarships.org

What is the revenue of Americas Scholarship Konnection Inc?

Americas Scholarship Konnection Inc's revenue in 2022 was $1,165,532.


Official website here: www.askscholarships.org

Who are the executives of Americas Scholarship Konnection Inc and what are their salaries?

The average compensation at Americas Scholarship Konnection Inc during 2022 was $36,016. There are 2 employees at Americas Scholarship Konnection Inc.


Here are 3 key members and their salaries:


Ralph Luksza (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bidak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Luksza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.askscholarships.org

Where can I find the form 990 for Americas Scholarship Konnection Inc?

Americas Scholarship Konnection Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.askscholarships.org

Learn more at the official website: www.askscholarships.org

Mission Statement of Americas Scholarship Konnection Inc

Americas Scholarship Konnection Inc is an organization that is dedicated to collecting donations with the intention of using them to fund tuition scholarships. By doing so, this nonprofit enables students to gain access to private educational institutions. The primary mission of Americas Scholarship Konnection Inc is to provide financial assistance to those students who may not otherwise be able to afford the cost of attending private schools. The organization's programs revolve around offering tuition scholarships, which serve as a crucial tool in enabling deserving students to attend and benefit from private educational environments.

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Impact




July, 2024

The impact of Americas Scholarship Konnection Inc is significant in providing tuition scholarships to students, allowing them to attend private schools. This initiative opens up educational opportunities for students who may not have had access otherwise, helping them receive a quality education that can greatly impact their future success. By seeking donations and distributing scholarships, Americas Scholarship Konnection Inc is making a direct and meaningful difference in the lives of students in Phoenix, AZ.




This information is meant to be a general summary of Americas Scholarship Konnection Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,165,532 (2022)
Expenses
$1,047,181 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,050
  • Gross Receipts: $1,165,532

Assets and Liabilities:

  • Total Assets: $4,401,670
  • Total Liabilities: $1,082,757
  • Net Assets: $3,318,913

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Organization Details

Founding Year

2015

Principal Officer

Ralph Luksza

Main Address

24 W Camelback Rd A-535, Phoenix, AZ, 85013

NTEE Category

Code: B82 - Education

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